Our Services
Nidhi Company Software
The software from Nidhi is made to assist companies in managing their finances, keeping track of their performance, and expanding their operations.
Multi State Cooperative Society Software
A Mini-Banking Management Software called The Co-operative Society Software manages loans, fixed deposits, recurring deposits, monthly income plans, and savings accounts.
Microfinance Software
Our Next-Generation Microfinance Software, which was developed using the most advanced technological stack, enables MFIs to assist their clients in achieving success, expanding their businesses, and boosting the economies of developing countries.
NBFC Software
NBFC software is necessary to keep track of the data because the functioning of NBFC organisations, also known as Non-Banking Financial Institutions, involves financial transactions. This NBFC software's objective is to raise an organization's productivity.
About Us
With the use of cutting-edge technology, Onickexperts offers a comprehensive solution to landline and Fintech businesses. We have been in this industry for the last 12 years. We always have consultation staff on hand to help you and guide you through the registration procedure. Onickexperts is a wonderful team with more than 60 members, including CS, CA, lawyers, and IT specialists.

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Price Table
MULTISTATE SOCIETY REGISTRATION
For 3 Months
- 100% Online
- Register Your Business Anywhere in India
- Dedicated CA/CS Available
NIDHI COMPANY REGISTRATION
IN JUST 15 DAYS
- 100% Online
- Register Your Business Anywhere in India
- Dedicated CA/CS Available
MICROFINANCE COMPANY REGISTRATION
IN JUST 2 MONTHS
- 100% Online
- Register Your Business Anywhere in India
- Dedicated CA/CS Available
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FAQ's
A Nidhi Company is a Company which carries on the business of accepting deposits and lending the same on demand. Nidhi Company is similar to NBFC but the only basic difference between the two is that Nidhi Companies accept deposits only from its members. The main aim of these companies is to work for the mutual benefit of its members. These companies are not entitled to carry on the business of Hire Purchase Financing, Insurance, Chit Funds and Acquisition of securities or Issue of any Debt Instruments.
A minimum of three directors and seven shareholders are needed for incorporating a Nidhi Company.
No, a minor is not allowed to become director of a Nidhi Company. Only a person who is a minimum of 18 years old can become the Director of a Nidhi Company.
No, there is no upper limit prescribed for the maximum number of members. However, it is mandatory for a Nidhi Company must have a minimum of two hundred members by the end of the 1st financial year.
No, all the financial transactions have to be made only between the shareholders of the company.
A Nidhi Company can open up to 3 branches after three years of continuous profit running of the business. Further, these three branches can be opened within the district only. Further, to open any branch outside the district, you will require the Regional Director (RD) permission. Also, a Nidhi Company cannot open a branch outside the state.
Yes, the Deposits with such companies are safe and secure because the Ministry of Corporate Affairs and Reserve Bank of India has framed rules and regulations to ensure the safety and security of Deposits. And the Nidhi Company compulsorily abide by the rules of Central Government.
Any person who is above 18 years of age as per the standard age proof can become a member of the Nidhi Companies. The person desirous of becoming a member should have valid ID Proof and Address Proof.
Nidhi can provide loans to its members only after the members have given/ provided some securities like gold, silver jewelry or any type of financial securities against the loan.
The multi-State Cooperative Societies Bill was introduced in the Parliament in order to accomplish the goal of creating co-operatives in more than one State. The bill sought to codify and amend the law relating to cooperative societies, with objects not limited to one State and serving the interests of members from multiple states.
No portion of the money, other than the society’s net profit, may be distributed to its members in the form of a bonus, dividend, or in any other manner.
The central government has the authority to resolve issues with Nidhi Companies. If two years have passed from the date of the order, no amendments may be made.
A Co-operative Society’s quorum for any sort of general meeting is one-fifth of the total number of ordinary members in the organisation. And out of this 1/5th, at least 1/2 should vote in favour of a resolution that is adopted.
According to the rules and guidelines of the Multi-State Cooperative Society, it is registered. It is a totally democratic organisation run by a BOD elected by members at an annual general meeting, not a private institution owned by a single person. Finance Company, on the other hand, is owned by an Individual.
There are following types of Multi-Cooperative societies:
Credit Co-operative Societies.
Housing Co-operative Society.
Farming- Cooperative Society.
Dairy Firm Multi-State Cooperative Society.
Solar Credit Cooperative Society.
Multi State Multi-Purpose Cooperative Society.
Transport Cooperative Society.
Onick Experts
Yes, It provides loans online.
Yes, it provides a personal loan.
A non-banking financial company (NBFC) is a business registered under the Companies Act of 1956 that engages in the business of loans and advances, the acquisition of shares/stocks/bonds/debentures/securities issued by the government or a local authority or other marketable securities of a like nature, leasing, hire-purchase, insurance business, and chit business
25 lakhs.
NBFC can provide loans against the collateral of gold jewelry.
The NBFCs may accept external commercial borrowings from individuals, FIIs, foreign overseas corporate bodies, and other trusts or persons, subject to the Exchange Control Regulations.
The microfinance sector in India has more than 3000 MGIs, NGOs, and NGO-MFIs spread out over the country.
The different types of institutions that provide microfinance in India are Commercial banks. Credit unions. Non-governmental organizations (NGOs).
Any selected customer group may be granted a loan to use as startup money for their microbusiness or other income-generating ventures in an effort to improve their standard of living.
Microfinance can give women to increase their income generation, loans for homegrown entrepreneurs, emergency medical loans, home improvement loans, and home extensions/ business improvement loans.
For those who reside in far-flung villages around the nation, microfinance is an alternative to banking.
The services provided by banks are supplemented by microfinance organizations. Financial services like insurance, savings, and remittance are additionally offered in addition to microcredit.
Yes, it is allowed.